"Sudden" attack on major US oil pipeline

"The Associated Press in Washington reported on Saturday that a ransomware attack on a major U.S. pipeline system, the Colonial Pipeline System, has halted all pipeline operations. Experts say the attack is unlikely to affect gasoline supplies  prices unless the pipelines are shut down for a long time.

The Colonial pipeline system is more than 5,500 miles long  carries more than 100 million gallons a day. Provides about 45 percent of the fuel needs on the east coast of the United States,  the attack once again highlighted the vulnerability of its critical infrastructure.

The plumbing company said the ransomware attack affected some information technology systems  that it was taking "proactive" actions to take certain systems offline  stop piping  was taking steps to address the issue.

Now the White House says Biden was briefed Saturday morning  that the federal government is working with the company to assess the impact of the attack  is working to resume operations  avoid supply disruptions. The government is working with local authorities to take measures to mitigate any potential supply problems.

Oil analysts say the impact of the attack on fuel supplies  prices depends on when the pipelines are closed. A day  two of outages is minimal, but five  six days of outages could lead to oil shortages  higher prices. Long delays will have a major impact on fuel at airports in Atlanta  Charlotte, North Carolina.

Over the past decade, systems operated by pipelines have become increasingly connected to computer networks, according to experts in industrial control systems. Critical infrastructure companies in the energy  power industries also tend to spend more on cybersecurity than other industries. If the shutdown of Colonial Pipes had been preventative, it detected the ransomware attack early  was well prepared,  the ultimate impact might  have been significant.

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Source: International Petroleum Network